Principled
S8E8 | Compliance benchmarking: Benefits, limitations, and best practices
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:31:13
- Mas informaciones
Informações:
Sinopsis
What you'll learn in this podcast episode Guidance from the US Department of Justice, particularly the recent 2020 memorandum, stresses that a company’s compliance program must reflect and evolve with its risks—and should not be a snapshot or on cruise control. But in assessing those risks, it’s helpful to see what other companies in the same area or circumstances have done to meet them. Collective action and coordination can be very useful in dealing with common risks. So, when is benchmarking and a collective approach to risk helpful? And when can it backfire? In this episode of the Principled Podcast, LRN Director of Advisory Services Emily Miner continues the conversation from Episode 6 about benchmarking with her colleague Susan Divers. Listen in as the two discuss the benefits and limitations of benchmarking, and how organizations can ensure they benchmark their E&C programs effectively. Featured guest: Susan Divers Susan Divers is the director of thought leadership and best practices with LRN Co